Learning about Options

T

THE WOLF2222

Junior member
Messages
40
Likes
4
I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.
 
THE WOLF2222 said:
I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.
Click to expand...

Look in the options section of this website. Read Sheldon Natenberg`s book.
CT
 
THE WOLF2222 said:
I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.
Click to expand...

definitely get natenbergs "options volatility and pricing" and hulls "options, futures and other derivatives".

im relatively new to the world of options so im sure there are plenty of other books but these two are most often recommended to me and im finding them very interesting an informative.

good luck
 
jimmy1852 said:
definitely get natenbergs "options volatility and pricing" and hulls "options, futures and other derivatives".

im relatively new to the world of options so im sure there are plenty of other books but these two are most often recommended to me and im finding them very interesting an informative.

good luck
Click to expand...

Thanks - I have ordered 'Options, Futures and other Derivatives'.
 
Jhaughey,

"A-level maths"? I don't even have an O-level maths and Hull's book is not that difficult.

Grant.
 
grantx said:
Jhaughey,

"A-level maths"? I don't even have an O-level maths and Hull's book is not that difficult.

Grant.
Click to expand...

Then Grant you are an unusual exception, or possibly Rainman... Most people forget entirely what they were taught at school... I had to work my way through all the stuff i've forgotten like basic algebra and statistics all over again before any of Hull made sense. I'm sure most would agree that option pricing mathematics is a tad more complicated than 3rd or 4th year math...

THEWOLFF222, just make sure you're algebra, statistics, etc; are all up to snuff and have a reference book nearby in case.
 
Just to be clear Hulls' "Futures, Options and Other Derivative Instruments" deffo ends up in post-graduate maths space towards the end.
 
You must log in or register to reply here.

Similar threads

A
math in option pricing model
Replies
12
Views
4K
grantx
G
M
Junior Option trader test and interview advice
Replies
12
Views
15K
HoodTrader
H
M
Help!!trading simulation and analytical tests
Replies
8
Views
4K
febrileguido
F
O
Is this true?? Calling option traders!!
2 3
Replies
44
Views
9K
AnEdge
A
T
Do you price the options yourself or do you use black-scholes?
Replies
2
Views
1K
HowardCohodas
HowardCohodas
Top